Casino Guichard-Perrachon (CHIX:COP) Beneish M-Score: -1.87 (As of Jun. 24, 2026)


CHIX:COP Casino Guichard-Perrachon SA CHIX:COP
21 GF Score
Price €0.50
GF Value €1.14
! 4 Warning Signs
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What is Casino Guichard-Perrachon Beneish M-Score?

Casino Guichard-Perrachon CHIX:COP 21 Beneish M-Score is -1.87 as of Jun. 24, 2026. GuruFocus rates CHIX:COP with a GF Score™ of 21/100 and a GF Value™ of €1.14. The stock has 4 warning signs investors should review. Among 293 Retail - Defensive companies, Casino Guichard-Perrachon ranks worse than 84.64% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -1.87 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Casino Guichard-Perrachon's Beneish M-Score or its related term are showing as below:

CHIX:COp' s Beneish M-Score Range Over the Past 10 Years
Min: -4.81   Med: -2.82   Max: 2.86
Current: -1.87

During the past 13 years, the highest Beneish M-Score of Casino Guichard-Perrachon was 2.86. The lowest was -4.81. And the median was -2.82.

Casino Guichard-Perrachon Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Casino Guichard-Perrachon's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Casino Guichard-Perrachon Beneish M-Score Chart

Casino Guichard-Perrachon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.83 -2.96 2.86 -4.81 -1.87

Casino Guichard-Perrachon Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -4.81 0.00 -1.87 0.00

CHIX:COP vs KR, SFM: Beneish M-Score Comparison

For the Grocery Stores subindustry, Casino Guichard-Perrachon's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Casino Guichard-Perrachon Beneish M-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Casino Guichard-Perrachon's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Casino Guichard-Perrachon's Beneish M-Score falls into.


CHIX:COP
21GF Score
Casino Guichard-Perrachon SA CHIX:COP
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Casino Guichard-Perrachon Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Casino Guichard-Perrachon for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 0.774+0.528 * 1.0192+0.404 * 1.7616+0.892 * 0.9456+0.115 * 1.3861
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0562+4.679 * 0.091987-0.327 * 0.7582
=-1.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec24) TTM:Last Year (Dec23) TTM:
Total Receivables was €740 Mil.
Revenue was €8,560 Mil.
Gross Profit was €2,392 Mil.
Total Current Assets was €3,032 Mil.
Total Assets was €8,262 Mil.
Property, Plant and Equipment(Net PPE) was €2,319 Mil.
Depreciation, Depletion and Amortization(DDA) was €649 Mil.
Selling, General, & Admin. Expense(SGA) was €832 Mil.
Total Current Liabilities was €3,677 Mil.
Long-Term Debt & Capital Lease Obligation was €3,079 Mil.
Net Income was €-295 Mil.
Gross Profit was €0 Mil.
Cash Flow from Operations was €-1,055 Mil.
 Total Receivables was €1,011 Mil.
Revenue was €9,052 Mil.
Gross Profit was €2,578 Mil.
Total Current Assets was €11,925 Mil.
Total Assets was €18,344 Mil.
Property, Plant and Equipment(Net PPE) was €2,750 Mil.
Depreciation, Depletion and Amortization(DDA) was €1,196 Mil.
Selling, General, & Admin. Expense(SGA) was €833 Mil.
Total Current Liabilities was €18,445 Mil.
Long-Term Debt & Capital Lease Obligation was €1,338 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(740 / 8560) / (1011 / 9052)
=0.086449 / 0.111688
=0.774

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(2578 / 9052) / (2392 / 8560)
=0.284799 / 0.279439
=1.0192

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (3032 + 2319) / 8262) / (1 - (11925 + 2750) / 18344)
=0.352336 / 0.200011
=1.7616

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=8560 / 9052
=0.9456

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(1196 / (1196 + 2750)) / (649 / (649 + 2319))
=0.303092 / 0.218666
=1.3861

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(832 / 8560) / (833 / 9052)
=0.097196 / 0.092024
=1.0562

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((3079 + 3677) / 8262) / ((1338 + 18445) / 18344)
=0.81772 / 1.078445
=0.7582

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-295 - 0 - -1055) / 8262
=0.091987

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Casino Guichard-Perrachon has a M-score of -1.87 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -1.87 mean?
Casino Guichard-Perrachon (CHIX:COP) has a Beneish M-Score of -1.87 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Casino Guichard-Perrachon and its competitors. According to the industry distribution chart, Casino Guichard-Perrachon ranks #248 out of 293 companies in the Retail - Defensive industry, placing it in the top 84.6%.
Is Casino Guichard-Perrachon's Beneish M-Score too high?
Casino Guichard-Perrachon's current Beneish M-Score is -1.87. Based on the distribution chart, Casino Guichard-Perrachon ranks #248 out of 293 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Casino Guichard-Perrachon has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Casino Guichard-Perrachon's Beneish M-Score compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Casino Guichard-Perrachon ranks #248 out of 293 companies for Beneish M-Score. This places Casino Guichard-Perrachon in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Retail - Defensive company?
A good Beneish M-Score depends on the Retail - Defensive industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Casino Guichard-Perrachon and its competitors. Casino Guichard-Perrachon's current Beneish M-Score is -1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casino Guichard-Perrachon stock overvalued right now?
Casino Guichard-Perrachon (CHIX:COP) has a current Beneish M-Score of -1.87. The stock's GF Value™ is €1.14, compared to a current price of €0.50 — trading 55.9% below its estimated fair value. The current Beneish M-Score is -1.87. Casino Guichard-Perrachon's overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Casino Guichard-Perrachon (CHIX:COP), the current Beneish M-Score is -1.87 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Casino Guichard-Perrachon (CHIX:COP) Overvalued in 2026?

Based on GuruFocus' analysis, Casino Guichard-Perrachon stock appears to be undervalued. The current stock price of €0.50 is trading 55.9% below its estimated GF Value™ of €1.14.

Key valuation signals for CHIX:COP:

  • Beneish M-Score: -1.87
  • GF Value™: €1.14 vs. price of €0.50 (55.9% below fair value)
  • GF Score™: 21/100 with 4 warning signs

No single metric tells the full story. See the CHIX:COP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Casino Guichard-Perrachon Business Description

Address No. 1, Cours Antoine Guichard, Saint-Etienne, FRA, 42008
Casino Guichard-Perrachon SA is a multiformat retailer with a focused exposure on France and Latin America. The Group's reportable segments are as follows: Casino convenience banners: mainly comprising the Le Petit Casino, Vival, Spar and Sherpa retail banners; Monoprix: mainly comprising the Monoprix, Monop and Naturalia retail banners; Franprix: mainly comprising the Franprix and Le Marche da Cote retail banners; E-commerce: comprising Cdiscount and the Cnova NV holding company; and Other: segment comprising the activities not allocated to any of the other reportable segments, including real estate activities.
21GF Score

Get the complete analysis for CHIX:COP

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.50
Price
€1.14
GF Value